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Social Trends Animal spirits at work

Bias, denial, and our warped perception: Why the obvious can be so difficult to see

SEPTEMBER 11, 2011

When you’re surrounded by crazy, it starts to seem normal.  It often takes someone on the outside looking in to be able to see the craziness for what it really is.

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CIBC on household debt; CMHC under more scrutiny; From the "So ridiculous it's laughable" files...

AUGUST 30, 2011

CIBC World Markets has released an interesting report highlighting what we've been warning about for several months now...

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'Affordability' measures.....still misleading; Consumer confidence tanking; Taking a page from the 'bull' play book

AUGUST 24, 2011

One comment I often receive is that I don't give enough weight to the impact of purchasing power in analyzing the Canadian real estate market.  Let's address that..

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Lessons from Texas: HELOC growth and recessions...

AUGUST 21, 2011

Rules governing home equity lines of credit are vastly different in Texas than in Canada.  What are the implications of rampant HELOC growth for the Canadian economy?

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